- Social involvement may reduce economic efficiency.
- Social involvement would create excessive costs for business, which cannot commit its resources for social action.
- Social involvement can weaken the international balance of payment.
- It may leads to the hike in prices of the commodities
- Incomplete support for involvement in social action &&disagreement among groups will cause friction.
- There is a link of accountability of business to society
Saturday, September 12, 2009
Q.What are the arguments against the social involvement of business?
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